IMF Chief Calls Trump’s Tariff Agenda a ‘Significant Risk’

Kristalina Georgieva 

Photographer: Stefan Wermuth/Bloomberg
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International Monetary Fund Managing Director Kristalina Georgieva warned that President Donald Trump’s sweeping tariff campaign presented “a significant risk to the global outlook at a time of sluggish growth.”

Her statement on Thursday evening was released after global markets reeled in reaction to Trump’s trade penalties. The S&P 500 Index sank 4.8% — its biggest drop since June 2020, during the coronavirus pandemic.